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Community Ownership Fund

Asked by Laura Kyrke-SmithLabourMinistry of Housing, Communities and Local GovernmentTabled Answered 15 October 2024UIN 8396

The question

To ask the Secretary of State for Housing, Communities and Local Government, what steps she is taking to process Community Ownership Fund round 4 applications.

Answered by Alex Norris

This Government was elected on a manifesto that stressed its commitment to the communities' sector and community ownership through empowering communities to own and run those local assets which mean the most to them.

Communities will rightly be seeking clarity. The Chancellor’s July ‘Public Spending: Inheritance’ speech set out the path to confirming plans for this year and next at the forthcoming Budget on 30 October 2024. Future plans for the next Spending Review period will conclude in Spring 2025.

We understand that this may have caused uncertainty about Round 4 of the Community Ownership Fund. The Government recognises this is challenging and will seek to provide clarity in due course.

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